SALES SMART CONCEPT: what changed
What changed
SALES SMART CONCEPT
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€20,153
2024 · €2,025+€18,127
Equity
€92,573
2024 · €72,420+€20,153
Cash
€4,961
2024 · €1,061+€3,900
Balance sheet total
€886,522
2024 · €373,502+€513,020
Largest movements
Assets
- Stocks and contracts +€563,536
up €563,536 (+182%), from €310,406 to €873,942
- Receivables within one year -€45,171
down €45,171 (-93.8%), from €48,137 to €2,965
of which Trade receivables: -€46,454
Equity and liabilities
- Debts after one year +€482,401
up €482,401 (+230%), from €210,027 to €692,428
of which Financial debts: +€482,401
- Other debts +€64,048
up €64,048 (+303%), from €21,152 to €85,200
- Trade debts -€56,364
down €56,364 (-97.5%), from €57,835 to €1,471
- Profit (loss) carried forward +€20,153
up €20,153 (+995%), from €2,025 to €22,178
Income statement
- Gross operating margin +€21,911
up €21,911 (+136%), from €16,114 to €38,025
- Taxes +€2,250
new in 2025: €2,250
- Financial charges +€1,485
up €1,485 (+12.8%), from €11,583 to €13,068
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2,025
Gross operating margin
+€21,911
Depreciation
-€0
Other operating charges
-€49
Financial income
+€0
Financial charges
-€1,485
Taxes
-€2,250
Result 2025
€20,153
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€479,032
Investment
€0
Financing
+€482,932
Cash 2024
€1,061
From operations (derived)
-€479,032
Net result for the year
+€20,153
Depreciation
+€1,565
Stocks and contracts
-€563,536
Receivables within one year
+€45,171
Deferred charges and accrued income
+€7,679
Trade debts
-€56,364
Tax, wage and social debts
+€2,251
Other debts
+€64,048
Financing
+€482,932
Debts after one year
+€482,401
Current portion of long-term debt
+€530
Cash 2025
€4,961
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €373,502 | €886,522 | +€513,020 | +137% |
| Fixed assets | 21/28 | €5,068 | €3,503 | -€1,565 | -30.9% |
| Intangible fixed assets | 21 | €5,068 | €3,503 | -€1,565 | -30.9% |
| Current assets | 29/58 | €368,434 | €883,019 | +€514,585 | +140% |
| Stocks and contracts in progress | 3 | €310,406 | €873,942 | +€563,536 | +182% |
| Stocks | 30/36 | €310,406 | €873,942 | +€563,536 | +182% |
| Amounts receivable within one year | 40/41 | €48,137 | €2,965 | -€45,171 | -93.8% |
| Trade receivables | 40 | €47,220 | €766 | -€46,454 | -98.4% |
| Other amounts receivable | 41 | €917 | €2,199 | +€1,282 | +140% |
| Cash at bank and in hand | 54/58 | €1,061 | €4,961 | +€3,900 | +367% |
| Deferred charges and accrued income | 490/1 | €8,830 | €1,151 | -€7,679 | -87.0% |
| Total equity and liabilities | 10/49 | €373,502 | €886,522 | +€513,020 | +137% |
| Equity | 10/15 | €72,420 | €92,573 | +€20,153 | +27.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,194 | €64,194 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,334 | €62,334 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,025 | €22,178 | +€20,153 | +995% |
| Amounts payable | 17/49 | €301,082 | €793,949 | +€492,867 | +164% |
| Amounts payable after more than one year | 17 | €210,027 | €692,428 | +€482,401 | +230% |
| Financial debts | 170/4 | €207,627 | €690,028 | +€482,401 | +232% |
| Other amounts payable | 178/9 | €2,400 | €2,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €91,055 | €101,521 | +€10,466 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €12,068 | €12,599 | +€530 | +4.4% |
| Trade debts | 44 | €57,835 | €1,471 | -€56,364 | -97.5% |
| Suppliers | 440/4 | €57,835 | €1,471 | -€56,364 | -97.5% |
| Taxes, remuneration and social security | 45 | - | €2,251 | +€2,251 | |
| Taxes | 450/3 | - | €2,251 | +€2,251 | |
| Other amounts payable | 47/48 | €21,152 | €85,200 | +€64,048 | +303% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,565 | €1,565 | +€0 | 0.0% |
| Other operating charges | 640/8 | €940 | €989 | +€49 | +5.2% |
| Gross operating margin | 9900 | €16,114 | €38,025 | +€21,911 | +136% |
| Operating profit (loss) | 9901 | €13,609 | €35,471 | +€21,862 | +161% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €11,583 | €13,068 | +€1,485 | +12.8% |
| Recurring financial charges | 65 | €11,583 | €13,068 | +€1,485 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €2,025 | €22,403 | +€20,377 | +1,006% |
| Income taxes | 67/77 | - | €2,250 | +€2,250 | |
| Profit (loss) for the period | 9904 | €2,025 | €20,153 | +€18,127 | +895% |
| Profit (loss) for the period to be appropriated | 9905 | €2,025 | €20,153 | +€18,127 | +895% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.